What are the responsibilities and job description for the Commercial Lending Specialist I position at First Technology Federal Credit Union?
The Commercial Lending Specialist assists in processing, tracking and fulfilling ongoing servicing of the commercial loan portfolio.
Here's what you can expect from the job and what you need to be successful:
Job Duties
- Collect, track, review and archive active loan reporting requirements
- Monitor covenant tracking system for hazard insurance, rate changes, UCC filings, annual reviews and loan maturities
- Review commercial lending documents (in house and attorney-prepared) to ensure loan covenants on the loan approval and credit memo are met
- Perform post-closing commercial loan audits
- Collaborate with borrowers, and vendors such as accountants, title companies and brokers, underwriters and credit analysts to support the servicing of the loan
Essential Skills
- Minimum 1 year experience in commercial lending loan servicing and business lending
- Minimum of 9 credit hours of accounting preferred
- Basic knowledge of accounting principles and practices
- Ability to identify existing and potential issues and recognize the legal, transactional and business implications of existing and omitted document content
- Strong analytical and problem solving skills; ability to resolve complex issues with minimal direction; excellent attention to detail
- Ability to work autonomously to manage time effectively and prioritize work appropriately to meet deadlines
- Strong business communication skills; able to write/speak clearly and professionally for a variety of stakeholders
- Demonstrated ability to establish credibility and rapport with internal and external stakeholders
- Proven ability to maintain confidentiality and professionally handle sensitive documents
- Strong working knowledge of Microsoft Office Suite
- Minimum Education: Associate’s degree in Business Administration, other related fields of study is preferred, or equivalent work experience
Location: Hillsboro, OR 97124 | (HYBRID)
Target Compensation in Hillsboro, OR: $55k - $58k annually annual bonus
Benefits options include:
- Traditional medical, dental, and vision coverage
- 401K matching up to 5% per pay period
- Accrue up to 17 days of Paid Time Off your first year of employment
- 11 paid federal holidays
- Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)
What makes First Tech different? Click here to learn more!
First Tech is not currently offering Visa transfer/ sponsorship for this position
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Salary : $55,000 - $58,000
